ExxonMobil Opens Polyethylene Line, Plans for New Complex in Texas

SUGAR LAND--October 18, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--ExxonMobil Chemical Company, a subsidiary of Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas), is now producing high-performance polyethylene on the first of two new lines at its plastics plant in Mont Belvieu, Texas. The company also is making strides in its partnership with Saudi Basic Industries Corporation (SABIC) (Riyadh, Saudi Arabia) to build one of the world's largest ethane steam-cracker plants near Corpus Christi, Texas. Industrial Info is tracking both projects, the latter of which is valued at roughly $10 billion. Within this article: Details on ExxonMobil's projects in Mont Belvieu and Portland, Texas, both of which are part of a large series of investment in the U.S. Gulf Coast region.